Those Chinese are definitely not FSA approved people

What the f/k is wrong with these halfwits, don't they know they have "room to maneuver"?



Tighter Policy

“Zhou is indicating that monetary policy is being tightened to shift from loose to neutral,” said Shen Jianguang, chief Asia economist at Mizuho Securities Asia Ltd. in Hong Kong.
New lending in February and retail sales and industrial production in the first two months of 2013, all of which missed analyst estimates, fanned concerns that a rebound in the world’s second-largest economy may be moderating.
Hong Kong stocks extended losses after the remarks on inflation. The Hang Seng Index (HSI) lost 1.5 percent for the day.

China this year will keep stable credit growth, which must be in line with goals for gross domestic product and consumer prices, Zhou said.

A 13 percent increase in money supply would be the smallest since 12.3 percent in 2000. M2, the broadest measure, expanded 13.8 percent in 2012 and 13.6 percent in 2011. Last year’s target was 14 percent.

http://www.bloomberg.com/news/2013-03-13/pboc-s-zhou-says-china-should-be-on-high-alert-on-inflation.html